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FMX (Fomento Economico MexicanoB de CV) Net Margin % : 0.84% (As of Sep. 2024)


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What is Fomento Economico MexicanoB de CV Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fomento Economico MexicanoB de CV's Net Income for the three months ended in Sep. 2024 was $84 Mil. Fomento Economico MexicanoB de CV's Revenue for the three months ended in Sep. 2024 was $9,993 Mil. Therefore, Fomento Economico MexicanoB de CV's net margin for the quarter that ended in Sep. 2024 was 0.84%.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's Net Margin % or its related term are showing as below:

FMX' s Net Margin % Range Over the Past 10 Years
Min: -0.39   Med: 5.47   Max: 9.35
Current: 2.04


FMX's Net Margin % is ranked worse than
64.02% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 5.01 vs FMX: 2.04

Fomento Economico MexicanoB de CV Net Margin % Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fomento Economico MexicanoB de CV Net Margin % Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 -0.39 5.64 4.00 9.35

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 -0.99 1.68 6.34 0.84

Competitive Comparison of Fomento Economico MexicanoB de CV's Net Margin %

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's Net Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Net Margin % falls into.



Fomento Economico MexicanoB de CV Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fomento Economico MexicanoB de CV's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=3869.921/41397.533
=9.35 %

Fomento Economico MexicanoB de CV's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=83.544/9993.296
=0.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Fomento Economico MexicanoB de CV Net Margin % Related Terms

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Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.